Renault, Fiat Chrysler in tie-up talks

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Renault, Fiat Chrysler in tie-up talksFrench and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday. Renault and FCA are likely to unveil the move 'within hours, perhaps tomorrow (Monday), before the (Paris) bourse opens,' one of the sources told AFP on condition of anonymity, adding an eventual 'merger' was on the agenda. A Renault board meeting is scheduled for 8:00 am (0600 GMT) on Monday.

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